Investments
21Portfolio Exits
5Partners & Customers
10About Nestle Health Science
Nestle Health Science, a wholly-owned subsidiary of Nestle, is a health-science company engaged in advancing the role of nutritional therapy to change the course of health for consumers, patients, and our partners in healthcare.
Latest Nestle Health Science News
Nov 27, 2023
The illuma product launched this month contains 2'Fucosyllactose (2'FL) and Lacto-N-(neo)tetraose (LNnT), which account for two of the three major types of HMOs. November 27, 2023 Nestlé launched a milk solution containing HMOs (Human Milk Oligosaccharides) for early life nutrition in mainland China, under the Wyeth illuma brand. This follows the recent approval for the use of such bioactives by the country's National Health Commission. The use of HMOs is propelled by numerous scientific studies that show the importance of these components in gut and immune health as well as cognitive development in infants, the company said. HMOs are the third most abundant solid component in human breast milk, after lactose and lipids. Human breast milk contains three major types of these structurally complex carbohydrates. The illuma product launched this month contains 2'Fucosyllactose (2'FL) and Lacto-N-(neo)tetraose (LNnT), which account for two of the three major types of HMOs . The illuma blend additionally contains healthy lipids and proteins that together with the HMOs , also play a role in gut and immune health and cognitive development. Manufactured at the Nestlé factory in Suzhou, mainland China, the launch of this product confirms Nestlé as a key provider of HMO -based early childhood nutrition solutions in the country. Nestlé will continue to expand its HMO offering in China as per the registration process. "We are dedicated to leverage our innovation expertise and advance our research in early life nutrition. This is our first launch of HMO products in China. We are delighted to bring the benefits of HMOs and 35 other vital ingredients in this illuma growing up milk to young children," said Laurent Alsteens, Global Head of Early Childhood Nutrition at Nestlé. Nestlé has conducted a significant number of HMO -related clinical studies and filed many patents related to HMOs . The scientific research takes place at the company's global R&D organization, in collaboration with an extensive network of academic research centers and universities worldwide. Isabelle Bureau-Franz, Head of Nestlé's R&D for Nutrition says: "For over 30 years, we have been at the forefront of understanding the composition of human breast milk, and the vital role that HMOs , and other nutrients and bioactives play in supporting growth and development during early life. The generated scientific knowledge has helped advance the scientific field for infant and maternal nutrition, while enabling us to develop and launch novel science-based solutions containing HMOs in over 50 countries globally." The launch of this illuma growing-up milk builds on Nestlé's global leadership in HMO science across its entire formula brand portfolio. It was the first company to introduce a complex of five HMOs in products, globally.
Nestle Health Science Investments
21 Investments
Nestle Health Science has made 21 investments. Their latest investment was in Enterome as part of their Corporate Minority on July 7, 2022.

Nestle Health Science Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/18/2022 | Corporate Minority | Enterome | $41M | No | 2 | |
7/13/2021 | Convertible Note | ProciseDx | $13M | Yes | 3 | |
6/25/2020 | Series E | Enterome | $52.6M | No | 6 | |
2/5/2020 | PIPE - III | |||||
1/9/2020 | Incubator/Accelerator |
Date | 7/18/2022 | 7/13/2021 | 6/25/2020 | 2/5/2020 | 1/9/2020 |
---|---|---|---|---|---|
Round | Corporate Minority | Convertible Note | Series E | PIPE - III | Incubator/Accelerator |
Company | Enterome | ProciseDx | Enterome | ||
Amount | $41M | $13M | $52.6M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 3 | 6 |
Nestle Health Science Portfolio Exits
5 Portfolio Exits
Nestle Health Science has 5 portfolio exits. Their latest portfolio exit was ProciseDx on June 13, 2023.
Nestle Health Science Acquisitions
12 Acquisitions
Nestle Health Science acquired 12 companies. Their latest acquisition was GO Healthy on July 12, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/12/2022 | Acquired | 1 | ||||
6/28/2022 | Other | Acquired | 5 | |||
2/22/2022 | Series A | $19M | Acquired | 1 | ||
7/9/2021 | ||||||
7/9/2021 |
Date | 7/12/2022 | 6/28/2022 | 2/22/2022 | 7/9/2021 | 7/9/2021 |
---|---|---|---|---|---|
Investment Stage | Other | Series A | |||
Companies | |||||
Valuation | |||||
Total Funding | $19M | ||||
Note | Acquired | Acquired | Acquired | ||
Sources | 1 | 5 | 1 |
Nestle Health Science Partners & Customers
10 Partners and customers
Nestle Health Science has 10 strategic partners and customers. Nestle Health Science recently partnered with Amwell on October 10, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/5/2023 | Partner | United States | Nestlé Health Science Collaborates With Amwell® to Improve Nutrition Outcomes in Healthcare The unique partnership combines Amwell 's proven ability to automate patient journeys with Nestle 's expertise in nutrition sciences and digital nutrition services , '' said Murray Brozinsky , chief strategy officer , Amwell . | 1 | |
8/22/2023 | Distributor | South Korea | Hyundai Department Store joins hands with Nestle for bio expansion2023.08.22 11:18 Hyundai Department Store Group has partnered with the world 's leading food corporation , Nestle , in a strategic move to expand its bio business , seeing it as a future growth engine . | 1 | |
8/21/2023 | Partner | United States | Royal Dairy farm and Nestlé Health Science 's partnership focuses on four key areas -- cow care and feed , manure management , renewable energy , and regenerative agriculture -- to show how dairy milk can be a sustainable source of nutrition . | 1 | |
6/5/2023 | Partner | ||||
4/27/2023 | Partner |
Date | 10/5/2023 | 8/22/2023 | 8/21/2023 | 6/5/2023 | 4/27/2023 |
---|---|---|---|---|---|
Type | Partner | Distributor | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | South Korea | United States | ||
News Snippet | Nestlé Health Science Collaborates With Amwell® to Improve Nutrition Outcomes in Healthcare The unique partnership combines Amwell 's proven ability to automate patient journeys with Nestle 's expertise in nutrition sciences and digital nutrition services , '' said Murray Brozinsky , chief strategy officer , Amwell . | Hyundai Department Store joins hands with Nestle for bio expansion2023.08.22 11:18 Hyundai Department Store Group has partnered with the world 's leading food corporation , Nestle , in a strategic move to expand its bio business , seeing it as a future growth engine . | Royal Dairy farm and Nestlé Health Science 's partnership focuses on four key areas -- cow care and feed , manure management , renewable energy , and regenerative agriculture -- to show how dairy milk can be a sustainable source of nutrition . | ||
Sources | 1 | 1 | 1 |
Nestle Health Science Team
11 Team Members
Nestle Health Science has 11 team members, including current Chief Executive Officer, President, Greg Behar.
Name | Work History | Title | Status |
---|---|---|---|
Greg Behar | Chief Executive Officer, President | Current | |
Name | Greg Behar | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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